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937 SE 23rd Place 1-5 Cape Coral FL 33990US2026026678
937 SE 23rd Place 1-5Cape CoralFL33990
875000.0000 1/1/1900 12:00:00 AM
Realty Executives Southwest Florida
3820 Colonial Blvd, Suite 200Ft MyersFL33966
239-823-6849

937 SE 23rd Place 1-5
Cape Coral FL 33990 US

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Courtesy of: Justin Milcetich, LSI Companies Inc., JMilcetich@LSIcompanies.com

Realty Executives Southwest Florida
3820 Colonial Blvd, Suite 200
Ft Myers, FL, US 33966
239-823-6849

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937 SE 23rd Place 1-5
Cape Coral FL 33990 US

$875,000

Active Listing ID 2026026678
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Lot: 0.39 Acres
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Other

$875,000

Active Listing ID 2026026678
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937 SE 23rd Place 1-5 Fully occupied five-plex offering investors a turnkey, low-maintenance income stream in one of Southwest Florida's fastest-growing rental markets. The 4, 957 sq. ft. property is comprised of five 2-bedroom/1-bathroom units with an annual gross income of $96, 000. Ownership has recently invested significantly in the asset, including a new roof, hurricane-resistant impact windows throughout, fully renovated bathrooms, full exterior paint, parking lot reseal and stripe, and replacement of all A/C units, substantially reducing near-term capital exposure for a new buyer. - Hurricane resistant impact windows (2025) - Renovated bathrooms (2025) - All new A/C units (2024-25) - New roof (2023) - Parking lot reseal & stripe (2023) - Full exterior paint (2023)

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Property Features

  • Facts
  • Lot Size: 0.39 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 875000
  • unparsedaddress: 937 SE 23rd Place
  • unitnumber: 1-5
  • postalcity: Cape Coral
  • stateorprovince: FL
  • country: US
  • postalcode: 33990
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.386
  • lotsizeunits: Acres
  • lotsizearea: 0.386
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 26.634453
  • longitude: -81.925063
  • listagentfullname: Justin Milcetich
  • listagentemail: JMilcetich@LSIcompanies.com
  • listagentkey: 3yd-FMSWFL-P3594418
  • listagentmlsid: P3594418
  • listagentpreferredphone: 2392878616
  • listagentofficephone: 2392878616
  • listofficekey: 3yd-FMSWFL-FLSI
  • listagentstatelicense: 258034861
  • listofficemlsid: FLSI
  • disclaimer: Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: FMSWFL
  • yearbuilt: 1979
  • listingcontractdate: 2026-05-08
  • countyorparish: Lee
  • parcelnumber: 20-44-24-C2-01399.0030
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.925064, 26.634453
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Land Solutions Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"JMilcetich@LSIcompanies.com", "ListBrokerageCity":null, "ListBrokerageCountry":null, "ListBrokerageEmail":"svalerio@landsolutions.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Land Solutions Inc", "ListBrokeragePhone":"239-489-4066", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"8000 SUMMERLIN LAKES DR SUITE 200 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"FLSI", "ListOfficeCity":"Fort Myers", "ListOfficeCountry":"US", "ListOfficeEmail":"jthibaut@lsicompanies.com", "ListOfficePostalCode":"33907", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Cape Coral, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-06-18 19:03:39", "Neighborhoods":[{"Description":null, "Name":"CC14 - Cape Coral Unit 16"}, {"Description":null, "Name":"18"}, {"Description":null, "Name":"22-"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8147, "TaxDescription":"CAPE CORAL UNIT 18 BLK 1399 PB 13 PG 108 LOTS 3 4 + 5 + VAC INST# 2008000115643", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/18/2026 7:05:45 PM GMT
Source Updated Date: 6/24/2026 12:56:15 AM GMT

Courtesy of: Justin Milcetich, LSI Companies Inc., JMilcetich@LSIcompanies.com

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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